Description
Lock-in details for 21,26,92,307 equity shares of Vidya Wires Limited listing on BSE with various lock-in periods ranging from January 2026 to December 2028.
Summary
BSE has listed the equity shares of VIDYA WIRES LIMITED, a Gujarat-based company. The circular provides detailed lock-in information for 21,26,92,307 equity shares with distinctive numbers ranging from 1 to 21,26,92,307. The shares are held in demat form with various lock-in periods, with the earliest lock-in expiring in January 2026 and the longest extending to December 2028.
Key Points
- Total shares listed: 21,26,92,307 equity shares
- Registered office: Plot No. 8/1-2, GIDC, Vithal Udyognagar, Anand - 388 121, Gujarat
- All shares are fully paid-up and held in demat form
- Multiple lock-in categories with varying expiry dates
- 4,03,84,316 shares not under lock-in (IPO public portion)
- 17,23,07,991 shares under various lock-in periods
- Lock-in periods range from 1 month to 3 years
Lock-in Schedule
Shortest Lock-in (1 month):
- 23,07,744 shares: December 8, 2025 to January 6, 2026
- 55,28,907 shares: December 8, 2025 to January 6, 2026
- 8,17,344 shares: December 8, 2025 to January 6, 2026
Short Lock-in (3 months):
- 23,07,744 shares: December 8, 2025 to March 7, 2026
- 55,28,908 shares: December 8, 2025 to March 7, 2026
- 8,17,344 shares: December 8, 2025 to March 7, 2026
Medium Lock-in (6 months):
- 3,28,20,760 shares: December 8, 2025 to June 10, 2026
- 89,17,500 shares: December 8, 2025 to June 10, 2026
Standard Lock-in (1 year):
- 4,13,76,500 shares: December 8, 2025 to December 10, 2026
- 36,22,500 shares: December 8, 2025 to December 10, 2026
- 2,12,69,240 shares: December 8, 2025 to December 10, 2026
- 2,57,23,260 shares: December 8, 2025 to December 10, 2026
- 2,12,69,240 shares: December 8, 2025 to December 10, 2026
Extended Lock-in (3 years):
- 2,12,69,240 shares: December 8, 2025 to December 10, 2028
- 2,12,69,240 shares: December 8, 2025 to December 10, 2028
Not Under Lock-in:
- 3,85,512 shares (IPO public portion)
- 3,99,99,804 shares (IPO public portion)
Compliance Requirements
- Locked-in shares cannot be transferred or sold until lock-in expiry
- All shares are held in dematerialized form
- Promoters and pre-IPO investors must adhere to respective lock-in periods
- Company must maintain records of lock-in schedules and distinctive numbers
Important Dates
- Listing Date: December 8, 2025
- First Lock-in Expiry: January 6, 2026 (1-month lock-in)
- Second Lock-in Expiry: March 7, 2026 (3-month lock-in)
- Third Lock-in Expiry: June 10, 2026 (6-month lock-in)
- Standard Lock-in Expiry: December 10, 2026 (1-year lock-in)
- Extended Lock-in Expiry: December 10, 2028 (3-year lock-in)
Impact Assessment
The listing of Vidya Wires Limited adds a new equity security to BSE’s platform. The staggered lock-in structure ensures gradual release of promoter and pre-IPO holdings into the market, which helps maintain price stability. Approximately 19% of total shares (4,03,84,316 shares) are freely tradable from listing, representing the public IPO portion. The majority of locked-in shares (over 11 crore shares) will be released within one year, with a smaller portion (4.25 crore shares) locked in for three years. Investors should monitor the lock-in expiry dates as they may impact stock liquidity and price movement when large blocks of shares become tradable.
Impact Justification
New equity listing with lock-in details affecting 21.27 crore shares with varying lock-in periods, relevant for investors and market participants tracking IPO lock-in schedules